<SEC-DOCUMENT>0001349138-12-000003.txt : 20120224
<SEC-HEADER>0001349138-12-000003.hdr.sgml : 20120224
<ACCEPTANCE-DATETIME>20120224101143
ACCESSION NUMBER: 0001349138-12-000003
CONFORMED SUBMISSION TYPE: 13F-HR/A
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20110930
FILED AS OF DATE: 20120224
DATE AS OF CHANGE: 20120224
EFFECTIVENESS DATE: 20120224
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: Parsec Financial Management, Inc.
CENTRAL INDEX KEY: 0001349138
IRS NUMBER: 561443390
STATE OF INCORPORATION: NC
FISCAL YEAR END: 1205
FILING VALUES:
FORM TYPE: 13F-HR/A
SEC ACT: 1934 Act
SEC FILE NUMBER: 028-11676
FILM NUMBER: 12636102
BUSINESS ADDRESS:
STREET 1: 6 WALL STREET
CITY: ASHEVILLE
STATE: NC
ZIP: 28801
BUSINESS PHONE: 8282550271
MAIL ADDRESS:
STREET 1: PO BOX 2324
CITY: ASHEVILLE
STATE: NC
ZIP: 28802
</SEC-HEADER>
<DOCUMENT>
<TYPE>13F-HR/A
<SEQUENCE>1
<FILENAME>inftable-amended.txt
<DESCRIPTION>13F-HR/A
<TEXT>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F-HR/A
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: September 30, 2011
Check Here if Amendment [X ]; Amendment Number: 1
This Amendment (Check only one.): [X ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: PARSEC FINANCIAL MANAGEMENT, INC.
Address: 6 WALL STREET
Asheville, NC 28801
13F File Number: 801-16359
The institutional investment manager filing this report and the
person by whom it is signed hereby represent that the person
signing the report is authorized to submit it, that all
information contained herein is true, correct and complete, and
that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of
this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: Barbara A. Gray
Title: Chief Compliance Officer
Phone: 828-255-0271
Signature, Place, and Date of Signing:
Barbara A. Gray Asheville, North Carolina February 24, 2012
Report Type (Check only one.):
[ X] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
List of Other Managers Reporting for this Manager:
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE
ACT OF 1934.
<PAGE>
<TABLE>
FORM 13F INFORMATION TABLE
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
3M COMPANY COM 88579y101 6591 91811.816SH SOLE 11251.000 80560.816
ABBOTT LABORATORIES COM 002824100 12335 241199.799SH SOLE 34035.000 207164.799
ACCENTURE LTD COM G1151C101 1901 36084.000SH SOLE 36084.000
AFFILIATED MANAGERS GROUP COM 008252108 875 11217.000SH SOLE 4170.000 7047.000
AFLAC COM 001055102 2274 65077.000SH SOLE 15150.000 49927.000
ALTRIA GROUP, INC. COM 02209s103 222 8268.930 SH SOLE 8268.930
AMERIWEST ENERGY COM 030757108 0 20000.000SH SOLE 20000.000
AMGEN COM 031162100 4483 81567.062SH SOLE 8647.000 72920.062
APACHE COM 037411105 7210 89857.556SH SOLE 8994.000 80863.556
APPLE COMPUTER COM 037833100 8321 21822.000SH SOLE 3408.000 18414.000
APPLIED MATERIALS COM 038222105 5290 510896.001SH SOLE 85667.000 425229.001
AT&T COM 00206r102 10947 383818.935SH SOLE 43827.000 339991.935
AUTOMATIC DATA PROCESSING COM 053015103 14551 308600.569SH SOLE 34936.000 273664.569
BANK OF AMERICA COM 060505104 141 23037.131SH SOLE 23037.131
BASIC SANITATION CO OF THE ST COM 20441A102 238 5135.000 SH SOLE 2000.000 3135.000
BB&T COM 054937107 334 15644.000SH SOLE 15644.000
BED BATH & BEYOND COM 075896100 2134 37235.000SH SOLE 7055.000 30180.000
BERKSHIRE HATHAWAY CL B COM 084670702 416 5853.000 SH SOLE 5853.000
BEST BUY COM 086516101 1420 60944.000SH SOLE 6060.000 54884.000
BHP BILLITON LTD COM 088606108 1770 26645.000SH SOLE 3070.000 23575.000
BLACKROCK COM 09247X101 5389 36408.000SH SOLE 3725.000 32683.000
BRISTOL MYERS SQUIBB CO COM 110122108 249 7930.000 SH SOLE 7930.000
CATERPILLAR INC COM 149123101 244 3310.000 SH SOLE 3310.000
CHEVRON COM 166764100 12881 139121.847SH SOLE 17276.000 121845.847
CISCO SYSTEMS COM 17275R102 5725 369355.268SH SOLE 34190.000 335165.268
COCA COLA COMPANY COM 191216100 5636 83415.601SH SOLE 3748.000 79667.601
COLGATE PALMOLIVE COM 194162103 7583 85512.225SH SOLE 12382.000 73130.225
COMMONWEALTH REIT COM 203233101 3904 205790.650SH SOLE 36974.250 168816.400
COPYTELE INC COM COM 217721109 4 25446.000SH SOLE 25446.000
CORNING COM 219350105 1866 150986.234SH SOLE 25610.000 125376.234
CVS/CAREMARK COM 126650100 8987 267538.733SH SOLE 26538.000 241000.733
CYTOMEDIX COM 23283B204 12 19600.000SH SOLE 19600.000
DISNEY (WALT) COM 254687106 10175 337355.205SH SOLE 35204.000 302151.205
DOVER COM 260003108 10152 217855.576SH SOLE 24871.000 192984.576
DUKE ENERGY COM 26441C105 391 19582.426SH SOLE 19582.426
E M C CORPORATION COM 268648102 3905 186061.000SH SOLE 27947.000 158114.000
EBAY COM 278642103 4437 150473.000SH SOLE 12725.000 137748.000
EMERSON ELECTRIC COM 291011104 7924 191827.999SH SOLE 13624.000 178203.999
ENSCO - ADR COM 29358Q109 6148 152054.000SH SOLE 26135.000 125919.000
EXTR@CT COM 302258108 0 258200.000SH SOLE 258200.000
EXXON MOBIL COM 30231g102 16438 226330.584SH SOLE 25318.000 201012.584
FIRST BANCORP OF INDIANA COM 31867T202 82 27296.000SH SOLE 27296.000
FLUOR COM 343412102 1485 31909.000SH SOLE 1840.000 30069.000
GENERAL DYNAMICS COM 369550108 4513 79325.537SH SOLE 15385.000 63940.537
GENERAL ELECTRIC COM 369604103 8728 573475.955SH SOLE 81504.000 491971.955
GENERAL MILLS COM 370334104 6722 174639.819SH SOLE 16765.000 157874.819
GOOGLE COM 38259P508 3212 6237.000 SH SOLE 1054.000 5183.000
H J HEINZ COMPANY COM 423074103 207 4105.000 SH SOLE 4105.000
HALLIBURTON COMPANY COM 406216101 399 13062.000SH SOLE 13062.000
HEWLETT-PACKARD COM 428236103 4101 182666.737SH SOLE 33215.000 149451.737
HOME DEPOT COM 437076102 4687 142581.505SH SOLE 13331.000 129250.505
HUDSON CITY BANCORP COM 443683107 1308 231057.045SH SOLE 18740.000 212317.045
ILLINOIS TOOL WORKS COM 452308109 6364 152969.144SH SOLE 23320.000 129649.144
INTEL COM 458140100 12334 578116.582SH SOLE 75641.000 502475.582
INTERNATIONAL BUSINESS MACHINE COM 459200101 14271 81610.780SH SOLE 6772.000 74838.780
J P MORGAN CHASE COM 46625h100 8361 277582.102SH SOLE 32468.000 245114.102
J.M. SMUCKER COMPANY COM 832696405 3889 53350.000SH SOLE 4850.000 48500.000
JOHNSON & JOHNSON COM 478160104 14071 220923.782SH SOLE 20542.000 200381.782
KIMBERLY-CLARK COM 494368103 4364 61451.000SH SOLE 12745.000 48706.000
KINDER MORGAN MANAGEMENT COM 49455U100 5299 90284.982SH SOLE 5413.619 84871.363
LABORATORY CORP OF AMERICA HOL COM 50540R409 3412 43164.000SH SOLE 3360.000 39804.000
LOWES COMPANIES COM 548661107 7228 373727.959SH SOLE 37328.000 336399.959
MCDONALDS CORPORATION COM 580135101 422 4809.000 SH SOLE 56.000 4753.000
MEDTRONIC COM 585055106 8791 264473.190SH SOLE 30626.000 233847.190
MERCK & COMPANY INC COM 58933Y105 413 12619.610SH SOLE 195.000 12424.610
MICROCHIP TECHNOLOGY COM 595017104 8058 259014.197SH SOLE 25484.000 233530.197
MICROSOFT COM 594918104 12971 521116.925SH SOLE 61775.000 459341.925
NEXTERA ENERGY COM 65339F101 14861 275106.604SH SOLE 28175.000 246931.604
NN INC COM 629337106 50 10000.000SH SOLE 10000.000
NORFOLK SOUTHERN CORP COM 655844108 217 3549.000 SH SOLE 3549.000
NUCOR CORP COM 670346105 470 14856.000SH SOLE 2485.000 12371.000
ORACLE COM 68389X105 11388 396239.209SH SOLE 47292.000 348947.209
PATTERSON COM 703395103 2277 79527.904SH SOLE 19210.000 60317.904
PEPSICO COM 713448108 9468 152953.087SH SOLE 18879.000 134074.087
PFIZER COM 717081103 253 14310.549SH SOLE 3644.000 10666.549
PHILIP MORRIS INTERNATIONAL COM 718172109 323 5178.000 SH SOLE 5178.000
PNC FINANCIAL SERVICES COM 693475105 4941 102524.000SH SOLE 10165.000 92359.000
POLARIS INDUSTRIES COM 731068102 8964 179394.037SH SOLE 24746.000 154648.037
PROCTER & GAMBLE COM 742718109 12763 202011.345SH SOLE 18957.000 183054.345
PROGRESS ENERGY COM 743263105 579 11196.000SH SOLE 11196.000
PRUDENTIAL FINANCIAL COM 744320102 4506 96157.000SH SOLE 12365.000 83792.000
PURESPECTRUM COM 74624D102 0 56150.000SH SOLE 56150.000
QUALCOMM COM 747525103 5006 102933.948SH SOLE 9860.000 93073.948
RAYTHEON COM 755111507 1149 28115.000SH SOLE 6665.000 21450.000
RIO TINTO - ADR COM 767204100 3373 76517.000SH SOLE 16025.000 60492.000
ROYAL BANK OF CANADA COM 780087102 286 6266.000 SH SOLE 6266.000
ROYAL DUTCH SHELL CL A ADRF COM 780259206 264 4285.000 SH SOLE 4285.000
SCANA CORP COM 80589m102 920 22736.000SH SOLE 22736.000
SEI INVESTMENTS COM 784117103 4495 292287.798SH SOLE 47614.000 244673.798
SOUTHERN CO COM 842587107 237 5599.398 SH SOLE 5599.398
ST JUDE MEDICAL COM 790849103 1392 38457.000SH SOLE 7670.000 30787.000
STAPLES COM 855030102 1248 93813.000SH SOLE 8850.000 84963.000
STRYKER COM 863667101 7454 158160.226SH SOLE 22804.000 135356.226
SYSCO COM 871829107 8790 339397.332SH SOLE 37242.000 302155.332
TAIWAN SEMICONDUCTOR SPONSORED COM 874039100 1374 120253.000SH SOLE 18430.000 101823.000
TD AMERITRADE HOLDING COM 87236Y108 3461 235360.000SH SOLE 40225.000 195135.000
TELEFONICA SA COM 879382208 4289 224342.000SH SOLE 25140.000 199202.000
TEVA PHARMACEUTICAL INDUSTRIES COM 881624209 9469 254404.000SH SOLE 26327.000 228077.000
TEXAS INSTRUMENTS COM 882508104 3399 127530.228SH SOLE 22609.000 104921.228
THERMO FISHER SCIENTIFIC COM 883556102 1212 23940.000SH SOLE 3060.000 20880.000
TIME WARNER COM 887317303 5663 188967.136SH SOLE 24155.000 164812.136
TJX COMPANIES COM 872540109 398 7178.000 SH SOLE 1425.000 5753.000
TOTAL S.A. SPONSORED ADR COM 89151E109 3051 69546.000SH SOLE 10700.000 58846.000
UNITED PARCEL SERVICE - B COM 911312106 2890 45763.831SH SOLE 3705.000 42058.831
UNITED TECHNOLOGIES COM 913017109 4022 57159.723SH SOLE 2161.000 54998.723
VERIZON COMMUNICATIONS COM 92343v104 228 6203.000 SH SOLE 6203.000
VISA COM 92826C839 4811 56127.617SH SOLE 3325.000 52802.617
VORNADO REALTY TRUST REIT COM 929042109 692 9275.000 SH SOLE 540.000 8735.000
WAL-MART STORES COM 931142103 8220 158374.199SH SOLE 19514.000 138860.199
WALGREEN COM 931422109 1920 58379.639SH SOLE 5948.000 52431.639
WELLS FARGO COM 949746101 371 15370.897SH SOLE 15370.897
ZIMMER HOLDINGS COM 98956p102 3771 70506.001SH SOLE 9819.000 60687.001
ENERGY TRANSFER PARTNERS LP 29273R109 4620 112644.991SH SOLE 7240.000 105404.991
FORTRESS INVESTMENT GROUP LLC 34958B106 2509 833656.000SH SOLE 121160.000 712496.000
KINDER MORGAN ENERGY PARTNERS 494550106 902 13198.116SH SOLE 13198.116
ISHARES DOW JONES US TELECOM UNIT TRUST (EQUI 464287713 298 14607.000SH SOLE 4947.000 9660.000
ISHARES MSCI EAFE INDEX UNIT TRUST (EQUI 464287465 784 16414.475SH SOLE 3566.475 12848.000
ISHARES MSCI EMERGING MARKETS UNIT TRUST (EQUI 464287234 2228 63486.000SH SOLE 1950.000 61536.000
ISHARES RUSSELL 2000 INDEX UNIT TRUST (EQUI 464287655 1219 18965.439SH SOLE 1193.439 17772.000
ISHARES RUSSELL 2000 VALUE IND UNIT TRUST (EQUI 464287630 445 7808.000 SH SOLE 705.000 7103.000
ISHARES RUSSELL 3000 INDEX UNIT TRUST (EQUI 464287689 354 5312.000 SH SOLE 4000.000 1312.000
ISHARES RUSSELL MIDCAP INDEX UNIT TRUST (EQUI 464287499 1028 11650.000SH SOLE 11650.000
ISHARES S&P 500 INDEX UNIT TRUST (EQUI 464287200 543 4778.000 SH SOLE 4778.000
ISHARES S&P GLOBAL CLEAN ENERG UNIT TRUST (EQUI 464288224 714 77005.000SH SOLE 19000.000 58005.000
ISHARES S&P GLOBAL TELECOMMUNI UNIT TRUST (EQUI 464287275 4723 86977.000SH SOLE 11684.000 75293.000
ISHARES S&P US PREFERRED STOCK UNIT TRUST (EQUI 464288687 795 22334.000SH SOLE 325.000 22009.000
MARKET VECTORS AGRIBUSINESS UNIT TRUST (EQUI 57060U605 265 6127.000 SH SOLE 6127.000
SPDR S&P BIOTECH UNIT TRUST (EQUI 78464A870 2208 37106.000SH SOLE 5213.000 31893.000
UTILITIES SELECT SECTOR SPDR UNIT TRUST (EQUI 81369y886 1768 52575.000SH SOLE 11410.000 41165.000
VANGUARD EMERGING MARKETS STOC UNIT TRUST (EQUI 922042858 1948 54381.000SH SOLE 6491.000 47890.000
VANGUARD TOTAL STOCK MARKET ET UNIT TRUST (EQUI 922908769 1260 21832.908SH SOLE 5835.000 15997.908
WISDOMTREE EMERGING MKTS EQUIT UNIT TRUST (EQUI 97717W315 1136 23981.000SH SOLE 1015.000 22966.000
WISDOMTREE EMERGING MKTS SMALL UNIT TRUST (EQUI 97717W281 3375 87291.414SH SOLE 14607.000 72684.414
WISDOMTREE INTL LARGE CAP DIVI UNIT TRUST (EQUI 97717W794 311 8192.000 SH SOLE 8192.000
WISDOMTREE MID CAP DIVIDEND UNIT TRUST (EQUI 97717W505 227 4924.000 SH SOLE 270.000 4654.000
WISDOMTREE SMALL CAP DIVIDEND UNIT TRUST (EQUI 97717W604 1369 34746.869SH SOLE 34746.869
1/100000 WELLS FARGO PFD PFD KEK746889 0 61200.000SH SOLE 61200.000
</TABLE>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>